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Bloomberg Group of Seven leaders vowed to support Ukraine “for as long as it takes” and condemned Russia’s recent steps to escalate its war there “in the strongest possible terms.” During a 90-minute video call Tuesday with Ukrainian President Volodymyr Zelenskiy, G-7 leaders pledged their “undeterred and steadfast” commitment to helping the government in Kyiv “uphold its sovereignty and territorial ...

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting at Qasr Al Watan Abu Dhabi, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; ...

Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Monday awarded a contract worth AED5.62 billion ($1.53 billion) to Adnoc Drilling. The award supports the expansion of Adnoc’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon-intensity oil and gas. Adnoc Offshore awarded the two-year contract which ...

  Abu Dhabi / WAM Burjeel Holdings PLC listed on Monday on the Abu Dhabi Securities Exchange (ADX), following the completion of its initial public offering (IPO). The IPO, which raised gross proceeds of more than AED1.1 billion for the offering of 11 percent of the company’s total issued share capital, attracted total gross demand of more than AED32.0 billion ...

Abu Dhabi / WAM COP 28, the UN conference on climate change to be hosted by the UAE next year, will be a significant one, as it will mark the first global stocktake of climate progress since the Paris Agreement, a top US official told the Emirates News Agency (WAM), adding that the UAE’s leadership in global climate action is ...

  Dubai / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA) is harnessing the power of emerging technologies to enrich user experience with the launch of its innovative AI- and Metaverse-based projects at Gitex Global 2022, an inclusive tech show that brings together enterprises, governments, startups, investors, coders, academia and youth. Announcing the launch at a press conference at ...

Bloomberg President Vladimir Putin threatened further missile attacks on Ukraine after Russia hit Kyiv and other cities in the most intense barrage of strikes since the first days of its invasion, marking a dangerous new escalation in the war. Monday’s bombardment came a day after Putin accused Ukrainian forces of carrying out an explosion that damaged a flagship road and ...

Bloomberg With Russia’s war in Ukraine in its eighth month, some European nations that have funneled weapons to Kyiv are running low, and it could take years for defense contractors to meet the shortfall. Nato states are urging companies to boost production to help them restock — to both resupply Ukraine and reinforce their own stores in a climate of ...

  Bloomberg Meta Platforms Inc. said it would notify roughly 1 million Facebook users that their account credentials may have been compromised due to security issues with apps downloaded from Apple Inc. and Alphabet Inc.’s software stores. The company announced that it identified more than 400 malicious Android and iOS apps this year that target internet users in order to ...

  Bloomberg The UK needs to cut 200,000 government jobs over the next couple of years to avoid adding billions to the national debt, according to the Institute for Fiscal Studies (IFS). Public-sector wages are on track to increase 5% this year, around half the current rate of inflation but higher than budgeted when spending plans were drawn up in ...